For the 1st Time, # of Unemployed Who Attended College Outnumber Those Who Didn’tSubmitted by go213mph on Thu, 05/24/2012 - 20:22
I've got a bachelors degree and haven't had a full time job since 2010. If I didn't know network admin stuff and how to fix computers, I'd be living out of my car. My daughter is fixing to graduate in a couple weeks from college and only has 5 grand worth of debt. She can't find a decent paying job for $hit so I told her to just stay working at her same job driving a beer cart on a local golf course and keep enjoying herself living here at the beach. Until the economy finally takes a dump and all the bad debt and derivities are cleared...there is no way things start to improve.
"Parents may have a tougher time winning the argument with their children about the importance of attending college if their offspring hear the latest news from the U.S. Department of Labor.
As of April, the number of unemployed people (age 25 and older) who went to college was greater than the total of jobless workers with only a high school education. This is the first time in U.S. history that college-educated individuals have outnumbered those who never continued their formal education after high school.
In terms of total numbers, 4.7 million unemployed had gone to college or graduated while 4.3 million had skipped higher education altogether."